While the initial Canadian cannabis tax framework was revealed on Nov. 10, 2017, provincial leaders and industry stakeholders renounced the proposed 50-50 split of cannabis taxes and so federal, provincial and territorial finance ministers went back to the drawing board, announcing the revised Canadian cannabis tax plan on Dec. 11.

While Canada has launched a public consultation on its proposed federal cannabis regulations, the Northwest Territories cannabis legalization proposal was unveiled recently by the territorial government.

YELLOWKNIFE, NWT, Nov. 24, 2017 /Weed Wire/ — Minister of Justice Louis Sebert released the Government of the Northwest Territories (GNWT) proposed plan for legalizing cannabis in the NWT today. This is an important step in designing a system that will provide controlled access to a safe supply of recreational cannabis for NWT residents in order to maintain the health and safety of residents and communities across the North.

OTTAWA, Ont., Nov. 21, 2017 /Weed Wire/ — The current approach to cannabis does not work. Earlier this year, the Government of Canada introduced Bill C-45, the proposed Cannabis Act, to legalize, strictly regulate and restrict access to cannabis. Bill C-45 aims to keep cannabis out of the hands of Canadian youth and the profits away from criminals and organized crime.

MJINews was started to aggregate, report and opine on various ways to make money in the legal marijuana industry. While medical marijuana has been legal in many states for years, its legalization for recreational use in Colorado and Washington in 2014 has catapulted the entire subject to new heights.
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